Listed companies cagey about data disclosure  

报告称中国上市公司披露信息动力不足

北京师范大学公司治理与企业发展研究中心9日在京发布《中国上市公司信息披露指数（2012）》报告称，中国大部分上市公司仅满足于监管部门的强制性信息披露要求，自愿披露信息的动力严重不足。

Beijing (CNS) -- Listed companies in China are mostly unwilling to disclose information about their operations, according to a report released Sunday.

Although there is a high rate of disclosure among listed companies, most of them only release data when required by regulators, the report said.

Financial and insurance companies have a higher information disclosure rate, as do better performing companies and those with more recent listings, the report found.

Companies listed both in the mainland and Hong Kong have a higher information disclosure rate than those only listed in the mainland, it said.

Published by the Research Center for Corporate Governance and Enterprise Development of Beijing Normal University, the Information Disclosure Indexes of Listed Companies in China (2012) assessed a total of 2,033 listed companies.